Basketball, Trieste to the Americans: the company is taken over

Basketball, Trieste to the Americans: the company is taken over

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According to statistics, so dear to the basketballIt won’t be the first time. But it’s like it is. The Americans land in ours A league. It will be at Triestewhere the club will move to in January CSG consortium. The agreement follows the due diligence carried out in recent months by two law firms representing the parties “which made evident the sporting value, the balance of the budget and the potential of Pallacanestro Trieste on the European basketball market”, underlines the club Julian in a note. CSG will acquire 90% of the company shares by January, the remaining 10% will be held by local lenders.

Trieste, thirteenth in Serie A, is formally owned by a consortium led by Mario Ice. An ideal bond, the one between Trieste and the USA, which will bring to mind the legendary match played by Michael Jordan at the PalaChiarbola on August 26, 1985 with the Stefanel shirt. On that occasion MJ even broke a scoreboard with a dunk. Many people from Trieste still jealously guard those glass fragments, witnesses of an unforgettable event. CSG (Cotogna Sports Group) is a company founded in 2022 which with this operation formally enters the international sports market. The company is made up of a group of American investors with specific experience and skills in the sports world and a special focus on the NBA context, sports marketing and the American and European financial markets.

The precedent of Olimpia Milano

It won’t be the first time, it was said, that the Americans put their hands under the Italian baskets. But we have to go back to the end of the last century. In August 1999 Bepi Stefanel gave upOlympia Milan to Pasquale Caputo, Italian-American leader in the dairy sector. The sponsor also changes with the arrival of the Adecco brand. During the year, Caputo is even added as a partner Kobe Bryant. But it lasts less than a year. In October 2000 Sergio Tacchini takes over the company and closes that first American experience. In the current Serie A there is another foreign property: the former Argentine basketball legend Luis Scola holds the majority stake in the Varese basketball.

Marco Legovich, on the bench at thirty in Trieste: “From Bryant to Scariolo, coaching was destiny”

by Cosimo Cito


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